MOIL Limited (MOIL) — Announcement

· NSE Neutral
📢 Key Event
MOIL incorporates JV MOIL MPSMCL MINING LIMITED for manganese ore mining
💡 Investor Takeaway
Shareholders gain exposure to manganese mining through a new subsidiary with defined ownership stakes.

MOIL Limited announced incorporation of its joint venture MOIL MPSMCL MINING LIMITED, a subsidiary focused on manganese ore mining, with 51% ownership held by MOIL and 49% by Madhya Pradesh State Mining Corporation, as confirmed by MCA on 06.06.2026 and detailed in regulatory filings.

📄 View Original Announcement (PDF)

About MOIL Limited (MOIL)

Metals & Mining · Minerals & Mining · Listed on NSE

Market Cap: ₹6,245.98 Cr P/E: 98.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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